Expedia Group (NASDAQ:EXPE) Given New $220.00 Price Target at Argus

Expedia Group (NASDAQ:EXPE) had its price target increased by Argus from $210.00 to $220.00 in a report released on Friday,Benzinga reports. They currently have a buy rating on the online travel company’s stock.

A number of other research firms also recently commented on EXPE. Melius Research raised shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Robert W. Baird assumed coverage on Expedia Group in a report on Wednesday, November 27th. They set an “outperform” rating and a $225.00 target price for the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $130.00 price target on shares of Expedia Group in a report on Monday, October 7th. Wedbush increased their price objective on shares of Expedia Group from $130.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, November 8th. Finally, Barclays boosted their price target on Expedia Group from $134.00 to $153.00 and gave the stock an “equal weight” rating in a research note on Friday, November 8th. Twenty analysts have rated the stock with a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Expedia Group presently has a consensus rating of “Hold” and an average price target of $175.00.

Expedia Group Trading Down 1.3 %

NASDAQ:EXPE opened at $180.20 on Friday. Expedia Group has a 52-week low of $107.25 and a 52-week high of $192.34. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The stock has a fifty day simple moving average of $183.17 and a 200-day simple moving average of $153.63. The company has a market capitalization of $23.13 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 1.03 and a beta of 1.83.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. The trade was a 2.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $156.87, for a total transaction of $1,568,700.00. Following the completion of the transaction, the director now owns 188,505 shares of the company’s stock, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Expedia Group

A number of institutional investors have recently made changes to their positions in EXPE. Caprock Group LLC raised its stake in Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock valued at $1,508,000 after acquiring an additional 2,569 shares during the period. Cozad Asset Management Inc. raised its holdings in Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock valued at $4,562,000 after acquiring an additional 4,449 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Expedia Group by 13.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock worth $96,171,000 after purchasing an additional 75,120 shares during the period. Integrated Investment Consultants LLC bought a new position in Expedia Group in the third quarter valued at approximately $527,000. Finally, DoubleLine ETF Adviser LP acquired a new position in shares of Expedia Group during the 2nd quarter worth $465,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.